XAUUSD SHORT
2 possible scenarios (wait for confirmation).
Ascending triangle forming for possible break higher.
Clear Bearish RSI divergence on the 4hour chart signalling a pullback.
Wait for confirmation of break higher or lower.
I'm expecting a pullback but have buy stops and sell stops accordingly.
Happy trading.
Ascending triangle forming for possible break higher.
Clear Bearish RSI divergence on the 4hour chart signalling a pullback.
Wait for confirmation of break higher or lower.
I'm expecting a pullback but have buy stops and sell stops accordingly.
Happy trading.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.